INNOVATE
Real Estate
No photos available for this listing

$3,200,000

399 Main St, Malden MA 02148
Malden, MA 02148
Listed by Michael J. Chapin
Bedrooms
N/A
Bathrooms
N/A
Living area
23,900 sqft
Year built
1922

About this home

Available For Sale or Lease. Iconic free-standing Malden Square building in the heart of downtown. 24,000 sq ft former bank building with 3 full levels plus a lower level with high ceilings throughout. Interior has been completely demo'd/abated and is a blank slate at this point. Adjacent to a 45 car municipal parking lot and a block away from a 600 car parking garage. Great visibility with location at the intersection of Main St and Pleasant St. Full 24K sq ft building available with potential subdivision as small as 5K sq ft. All four floors are serviced by an elevator. Some outdoor space is available for patio seating. Across the street from Malden High School and part of the nation's only Gaming District.

Property details

MLS #
73474778
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.18 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Ferryway
0.5 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
896
Student:teacher ratio
13.2:1
District
Malden
Middle
Madeleine Dugger Andrews
1.89 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
458
Student:teacher ratio
10.7:1
District
Medford
High
Malden High
0.15 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,757
Student:teacher ratio
14.1:1
District
Malden

Mortgage calculator

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Est. monthly payment
$19,421/mo
$640,000 down
$2,560,000 loan
Principal & interest$16,604
Property tax (est.)$2,667
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated February 9, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.